2024-05-15T15:24:50-04:00 2023-06-30 630781330 ALDRIDGE BORDEN & COMPANY PC 74 COMMERCE STREET MONTGOMERY AL 36104 990 2022-07-01 521431622 PEN FAULKNER FOUNDATION PENF 2028989063 6218 GEORGIA AVENUE NW UNIT 1062 WASHINGTON DC 20011 SUSAN KESELENKO COLL BOARD PRESIDENT 2028989063 2024-05-10 true SUSAN COLL 999009999 false COREY SAVOIE CPA P01412264 3348346640 2024-05-15 2022 2023-04-26 12:10:37Z GWYDION SUILEBHAN 6218 GEORGIA AVENUE NW 1062 WASHINGTON DC 20011 662173 false X WWW.PENFAULKNER.ORG X 1985 DC THE PEN/FAULKNER FOUNDATION CHAMPIONS THE BREADTH ABD POWER OF FICTION IN AMERICA. 18 18 12 18 0 926167 572909 0 6239 7958 9559 81306 941965 662173 83825 88200 0 381110 430070 0 154041 188508 241940 653443 760210 288522 -98037 745322 641796 93997 71358 651325 570438 THE PEN/FAULKNER FOUNDATION CHAMPIONS THE BREADTH ABD POWER OF FICTION IN AMERICA. false false 200548 20200 WRITERS IN SCHOOLS BRINGS A DIVERSE RANGE OF AUTHORS, ALONG WITH FREE COPIES OF THEIR CULTURALLY RELEVANT BOOKS, INTO DC CLASSROOMS TO SERVE STUDENTS IN GRADES 3-12 AND INSPIRE THE NEXT GENERATION OF READERS AND WRITERS. WE CONDUCTED 75 AUTHOR VISITS, ALONG WITH 50 WRITING WORKSHOPS AND THREE YEAR-LONG RESIDENCIES. 165623 50100 OUR LITERARY CONVERSATIONS BRING TOGETHER HIGHLY-ACCLAIMED WRITERS TO DISCUSS THE URGENT ISSUES THAT SURROUND THEIR WORK AND LET FICTION SERVE AS A SPRINGBOARD FOR CIVIL DISCOURSE. OVER THE PAST 35+ YEARS, OUR LITERARY PROGRAMS HAVE FEATURED AUTHORS READING FROM THEIR WORK AND ENGAGING IN THRILLING, THOUGHT-PROVOKING CONVERSATIONS. 124798 17900 THE PEN/FAUKNER AWARD HONORS THE BEST PUBLISHED WORKS OF FICTION BY AMERICAN PERMANENT RESIDENTS IN A CALENDAR YEAR. THREE WRITERS ARE CHOSEN ANNUALLY BY THE BOARD OF DIRECTORS OF THE PEN/FAULKNER FOUNDATION TO SERVE AS JUDGES, ENSURING THAT OUR AWARDS SELECTION PROCESS IS FREE OF COMMERCIAL INFLUENCE. THESE JUDGES SELECT AN INITAL LONGLIST OF TEN BOOKS, FOLLOWED BY FIVE FINALISTS, AND FINALLY ONE WINNER AS THE "FIRST AMONG EQUALS." 490969 true true false false false false false false false false true true false false true false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false false true 23 0 12 true false false false false true true false false false X 18 18 false false false false false false false false false false false false false true true true false false X GWYDION SUILEBHAN 2028989063 6218 GEORGIA AVENUE NW 1062 WASHINGTON DC 20011 GWYDION SUILEBHAN EXECUTIVE DI 40.00 X 102119 0 5104 SUSAN KESELENKO COLL BOARD PRESID 10.00 X X 0 0 0 BETHANNE PATRICK FIRST VICE P 10.00 X X 0 0 0 TOPE FOLARIN VICE PRESIDE 10.00 X X 0 0 0 DOLEN PERKINS-VALDEZ CHAIR 1.00 X X 0 0 0 THOMAS LLOYD TREASURER 3.00 X X 0 0 0 RENEE GARDNER SECRETARY 3.00 X X 0 0 0 ELLIOT ACKERMAN MEMBER 1.00 X 0 0 0 MARIE ARANA MEMBER 1.00 X 0 0 0 JABARI ASIM MEMBER 1.00 X 0 0 0 LOUIS BAYARD MEMBER 1.00 X 0 0 0 KATHERINE BOONE MEMBER 1.00 X 0 0 0 LAUREN FRANCIS-SHARMA MEMBER 1.00 X 0 0 0 SUSAN GINSBURG MEMBER 1.00 X 0 0 0 GINNY GRENHAM MEMBER 1.00 X 0 0 0 SOPHIA MCCROCKLIN MEMBER 1.00 X 0 0 0 JOJO RUF MEMBER 1.00 X 0 0 0 CLAY SMITH MEMBER 1.00 X 0 0 0 MARTHA ANNE TOLL MEMBER 1.00 X 0 0 0 JUNG YUN MEMBER 1.00 X 0 0 0 102119 5104 1 false false false 203312 369597 230 572909 7958 7958 26972 26972 699 699 699 MISC REVENUES 900099 53635 53635 53635 662173 62292 88200 88200 368344 224184 33140 111020 29457 17676 3204 8577 32269 19286 3465 9518 33576 33576 33649 17753 15639 257 4518 3604 914 18332 6918 10191 1223 12236 6900 5336 11677 9721 1625 331 91188 68581 187 22420 7923 7923 BOOKS 28841 28146 695 760210 490969 115200 154041 232610 289001 70000 130300 35307 718 6068 27689 27689 311694 311420 745322 641796 7703 11735 57500 40000 28794 19623 93997 71358 X 651325 570438 651325 570438 745322 641796 -98037 17150 X false false false X 750214 727644 618173 926167 572909 3595107 750214 727644 618173 926167 572909 3595107 3595107 1536 7159 2391 6239 7958 25283 2232 2729 60962 183 53635 119741 3740131 89264 0.96120 0.93320 X true false PART II, LINE 10 OTHER INCOME 59,541 PPP LOAN FORGIVENESS 60,200 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 17539 17539 10150 10150 PUBLICLY TRADED SECURITIES 311420 311420 ACCRUED VACATION 15671 ACCRUED PAYROLL 3952 19623 GALA 26972 26972 26972 26972 26972 false HONORARIUMS & STIPENDS 10 50100 HONORARIUMS & STIPENDS 28 20200 HONORARIUMS & STIPENDS 27 17900 FORM 990, PAGE 6, PART VI, LINE 8A THE APPROVAL OF MINUTES FOR BOARD MEETINGS ARE RECORDED BETWEEN MEETINGS BUT ARE NOT DOCUMENTED IN THE MINUTES OF HTE SUBSEQUENT MEETING OR 60 DAYS AFTER THE DATE OF HTE MEETING. THEREFORE, WHILE MINUTES ARE TAKEN AT EACH MEETING, THEY ARE NOT CONSIDERED TO BE "CONTEMPORANEOUSLY DOCUMENTED" PER THE INTERNAL REVENUE SERVICE DEFINITIONS. FORM 990, PAGE 6, PART VI, LINE 8B THE APPROVAL OF MINUTES FOR BOARD MEETINGS ARE RECORDED BETWEEN MEETINGS BUT ARE NOT DOCUMENTED IN THE MINUTES OF HTE SUBSEQUENT MEETING OR 60 DAYS AFTER THE DATE OF HTE MEETING. THEREFORE, WHILE MINUTES ARE TAKEN AT EACH MEETING, THEY ARE NOT CONSIDERED TO BE "CONTEMPORANEOUSLY DOCUMENTED" PER THE INTERNAL REVENUE SERVICE DEFINITIONS. FORM 990, PAGE 6, PART VI, LINE 11B THE EXECUTIVE DIRECTOR ASSISTS THE PUBLIC ACCOUNTING FIRM IN THE PREPARATION OF THE FEDERAL FORM 990. AFTER PREPARATION, THE FORM 990 IS THEN REVIEWED BY THE TREASURER OR PRESIDENT PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PAGE 6, PART VI, LINE 12C THE CONFLICT OF INTEREST POLICY OF THE ORGANIZATION APPLIES TO ANY DIRECTOR, PRINCIPAL OFFICER, OR MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS, IN CONNECTION WITH ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST. AN INTERESTED PERSON MUST DISCLOSE THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER DISCLOSURE OF THE FINANCIAL INTEREST AND ALL MATERIAL FACTS, AND AFTER ANY DISCUSSION WITH THE INTERESTED PERSON, HE/SHE SHALL LEAVE THE GOVERNING BOARD OR COMMITTEE MEETING WHILE THE DETERMINATION OF A CONFLICT OF INTEREST IS DISCUSSED AND VOTED UPON. THE REMAINING BOARD SHALL DECIDE IF A CONFLICT OF INTEREST EXISTS. AN INTERESTED PERSON MAY MAKE A PRESENTATION AT THE GOVERNING BOARD OR COMMITTEE MEEETING, BUT AFTER THE PRESENTATION, HE/SHE SHALL LEAVE THE MEETING DURING THE DISCUSSION OF, AND THE VOTE ON, THE TRANSACTION OR ARRANGEMENT INVOLVING THE POSSIBLE CONFLICT OF INTEREST. THE PRESIDENT OF THE GOVERNING BOARD OR COMMITTEE SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON TO INVESTIGATE ALTERNATIVES TO THE PROPOSED TRANSACTION OR ARRANGEMENT. AFTER EXERCISING DUE DILIGENCE, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE WHETHER THE ORGANIZATION CAN OBTAIN WITH REASONABLE EFFORTS, A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY THAT WOULD NOT GIVE RISE TO A CONFLICT OF ITNEREST. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE UNDER CIRCUMSTANCES NOT PRODUCING A CONFLICT OF INTEREST, THE GOVERNING BOARD OR COMMITTEE SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHTHER THE TRANSACIONT OR ARRANGEMENT IS IN THE ORGANIZATION'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR AND REAONSABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, IT SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE TRANSACTION OR ARRANGEMENT. IF THE GOVERNING BOARD OR COMMITTEE HAS A REASONABLE CAUSE TO BELIEVE A MEMBER HAS FAILED TO DISCLOSE ACTUAL OR POSSIBLE CONFLICTS OF INTEREST, IT SHALL INFORM THE MEMBER OF THE BASIS FOR SUCH BELIEF AND AFFORD THE MEMBER AN OPPORTUNITY TO EXPLAIN THE ALLEGED FAILURE TO DISCLOSE. IF, AFTER HEARING THE MEMBER'S RESPONSE AND AFTER MAKING FURTHER INVESTIGATION AS WARRANTED BY THE CIRCUMSTANCES, THE GOVERNING BOARD OR COMMITTEE DETERMINES THE MEMBER HAS FAILED TO DISCLOSE AN ACTUAL OR POSSIBLE CONFLICT OF INTEREST, IT SHALL TAKE APPROPRIATE DISCIPLINARY AND CORRECTIVE ACTION. FORM 990, PAGE 6, PART VI, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY IS ESTABLISHED BY THE BOARD OF DIRECTORS AFTER CAREFUL EVALUATION WITH COMPARABLE SALARIES OF OTHER EXECUTIVE DIRECTORS OF ARTS AND EDUCATION NONPROFITS IN THE WASHINGTON, DC AREA, AND WITH CONSIDERATION OF THE FOUNDATION'S FINANCIAL SITUATION. THE EXECUTIVE DIRECTOR'S MOST RECENT REVIEW WAS IN MAY 2016. SUBSTANTIATION OF THE DELIBERATION AND DECISION OF THE REVIEW WAS RECORDED, BUT WAS NOT DOCUMENTED IN THE MINUTES OF THE SUBSEQUENT MEETING OR 60 DAYS AFTER THE DATE OF THE REVIEW. THEREFORE, WHILE MINUTES ARE TAKEN AT REVIEWS, THEY ARE NOT CONSIDERED TO BE "CONTEMPORANEOUSLY DOCUMENTED" PER THE INTERNAL REVENUE SERVICE DEFINITIONS FORM 990, PAGE 6, PART VI, LINE 19 FEDERAL TAX LAW DOES NOT REQUIRE THAT SUCH DOCUMENTS BE MADE PUBLICLY AVAILABLE UNLESS THEY WERE INCLUDED ON A FORM THAT IS PUBLICLY AVAILABLE. THEREFORE, THE ORGANIZATION DOES NOT MAKE THESE DOCUMENTS AVAILABLE TO THE PUBLIC. CERTAIN DOCUMENTS MAY BE MADE AVAILABLE UPON REQUEST.